- Press Releases
January 13 (Renewables Now) - Renewables company EDP Renovaveis SA (ELI:EDPR) said today that it has finalised the construction of the 200-MW Riverstart solar farm in Randolph County, the US state of Indiana.
The Riverstart plant is the largest solar farm by capacity in the state, and will be able to meet consumption needs of more than 36,000 households per year, according to the company. The solar farm’s output is sold under a 20-year power purchase agreement (PPA) with electric cooperative Hoosier Energy, which will supply the contracted electricity to communities in central and southern Indiana and south-eastern Illinois.
EDPR recently wrapped up the sale of an 80% equity stake in Riverstart to Toronto-based investment firm Connor Clark & Lunn Infrastructure.
EDPR’s North American unit operates 1,200 MW of wind power in Indiana and has more wind and solar projects under development and construction in the state, it added.